2U, Inc.
2U, Inc. operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs. This segment targets students seeking an undergraduate or gr… Read more
2U, Inc. (TWOUQ) - Net Assets
Latest net assets as of June 2024: $-277.21 Million USD
Based on the latest financial reports, 2U, Inc. (TWOUQ) has net assets worth $-277.21 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($924.31 Million) and total liabilities ($1.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-277.21 Million |
| % of Total Assets | -29.99% |
| Annual Growth Rate | -38.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.32 |
2U, Inc. - Net Assets Trend (2020–2023)
This chart illustrates how 2U, Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for 2U, Inc. (2020–2023)
The table below shows the annual net assets of 2U, Inc. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $219.04 Million | -56.32% |
| 2022-12-31 | $501.52 Million | -39.51% |
| 2021-12-31 | $829.15 Million | -11.88% |
| 2020-12-31 | $940.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to 2U, Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 80170700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $1.72 Billion | 783.69% |
| Total Equity | $219.04 Million | 100.00% |
2U, Inc. Competitors by Market Cap
The table below lists competitors of 2U, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yubo International Biotech Limited
PINK:YBGJ
|
$740.35K |
|
Baiya International Group Inc. Ordinary Shares
NASDAQ:BIYA
|
$740.45K |
|
Osteopore Ltd
AU:OSX
|
$740.73K |
|
Signet International Holdings Inc
PINK:AQPW
|
$740.86K |
|
Kedaung Indah Can Tbk
JK:KICI
|
$739.07K |
|
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
|
$738.54K |
|
Anagenics Ltd
AU:AN1
|
$738.39K |
|
Thai Textile Industry Public Company Limited
BK:TTI
|
$737.97K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in 2U, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 501,516,000 to 219,045,000, a change of -282,471,000 (-56.3%).
- Net loss of 317,607,000 reduced equity.
- Other factors increased equity by 35,136,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-317.61 Million | -145.0% |
| Other Changes | $35.14 Million | +16.04% |
| Total Change | $- | -56.32% |
Book Value vs Market Value Analysis
This analysis compares 2U, Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $389.64 | $0.27 | x |
| 2021-12-31 | $328.36 | $0.27 | x |
| 2022-12-31 | $192.07 | $0.27 | x |
| 2023-12-31 | $79.88 | $0.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently 2U, Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -145.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.58%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 6.66x
- Recent ROE (-145.00%) is below the historical average (-63.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -23.01% | -27.95% | 0.50x | 1.64x | $-310.58 Million |
| 2021 | -23.49% | -20.60% | 0.45x | 2.54x | $-277.68 Million |
| 2022 | -64.24% | -33.45% | 0.53x | 3.61x | $-372.30 Million |
| 2023 | -145.00% | -33.58% | 0.65x | 6.66x | $-339.51 Million |
Industry Comparison
This section compares 2U, Inc.'s net assets metrics with peer companies in the Education & Training Services industry.
Industry Context
- Industry: Education & Training Services
- Average net assets among peers: $1,197,694,821
- Average return on equity (ROE) among peers: -57.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| 2U, Inc. (TWOUQ) | $-277.21 Million | -23.01% | N/A | $739.61K |
| ATA Creativity Global (AACG) | $50.32 Million | -242.94% | 0.93x | $25.30 Million |
| Afya Ltd (AFYA) | $3.64 Billion | 10.60% | 1.08x | $112.89 Million |
| Alliance International Education Leasing Holdings Limited (ALCIF) | $2.60 Billion | 14.32% | 0.61x | $519.50 Million |
| Ambow Education Holding Ltd (AMBO) | $1.38 Billion | -77.81% | 1.30x | $6.74 Million |
| American Public Education Inc (APEI) | $349.73 Million | -32.88% | 0.96x | $676.30 Million |
| Argentum 47 Inc (ARGQ) | $-864.76K | 0.00% | 0.00x | $45.77K |
| Asiarim Corporation (ARMC) | $-263.95K | 0.00% | 0.00x | $1.30K |
| Aspen Group Inc (ASPU) | $5.40K | -250.85% | 0.67x | $3.75 Million |
| Adtalem Global Education Inc (ATGE) | $1.54 Billion | 8.70% | 0.30x | $3.32 Billion |
| Bright Scholar Education Holdings Ltd Class A (BEDU) | $2.41 Billion | -4.96% | 1.27x | $57.66 Million |